PPP Loan information for Machine solutions

$178,580

Machine solutions was initially approved for PPP Loan of amount $178,580, the current approved amount is $178,580. The loan was approved on 01/31/2021 by The The Park National Bank reported 23 jobs and $178,580 was used to fund payroll.

Machine solutions is Existing or more than 2 years old

PPP Loan Search / SC / Spartanburg / Machine solutions

MACHINE SOLUTIONS

Date Approved

01/31/2021

SBA Office Code

0464

Processing Method

PPS

Borrower Name

MACHINE SOLUTIONS

Borrower Address

108 Venture Blvd

Borrower City

Spartanburg

Borrower State

SC

Borrower Zip

29306-3805

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

178580.00

Current Approval Amount

178580.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57912

Servicing Lender Name

The Park National Bank

Servicing Lender Address

50 N Third St

Servicing Lender City

NEWARK

Servicing Lender State

OH

Servicing Lender Zip

43055-5523

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Spartanburg

Project County Name

SPARTANBURG

Project State

SC

Project Zip

29306-3805

CD

SC-04

Jobs Reported

23

NAICS Code

323113

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

178577.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

57912

Originating Lender

The Park National Bank

Originating Lender City

NEWARK

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

179318.78

Forgiveness Date

07/12/2021

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